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Based in Philadelphia, Pennsylvania, Exyn Technologies develops autonomous aerial robotics and drone software designed for rapid 3D mapping and data collection in hazardous, GPS-denied environments such as underground mines and complex indoor spaces. The enterprise hardware and software provider operates with a workforce of approximately 45 employees and has raised over $51 million in total venture funding, which includes a $16 million Series A and a $35 million Series B round in 2022. The robotics company is backed by institutional investors including Reliance Industries. Exyn Technologies supplies its autonomous drone systems to major global industrial, infrastructure, and construction clients, counting Dundee Precious Metals, Codelco, Sandvik, and Turner Construction among its enterprise customer base. The business was officially founded in 2014 by Nader Elm and Dr. Vijay Kumar as a spinout from the University of Pennsylvania.
Exyn Technologies has raised $56.0M across 3 funding rounds.
Exyn Technologies has raised $56.0M in total across 3 funding rounds.
Exyn Technologies has raised $56.0M across 3 funding rounds. Most recently, it raised $5.0M Other Equity in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 7, 2024 | $5M Venture Round | — | — | Announced |
| Dec 23, 2022 | $35M Series B | Reliance Strategic Business Ventures | — | Announced |
| Jul 11, 2019 | $16M Series A | Centricus | IN Q TEL, RED & Blue Ventures, George Kellerman | Announced |
Exyn Technologies has raised $56.0M in total across 3 funding rounds.
Exyn Technologies's investors include Reliance Strategic Business Ventures, Centricus, In-Q-Tel, Red & Blue Ventures, George Kellerman.